WorldEnergyExchange.com to add enhanced
transaction capabilities
July 18, 2000
WorldEnergyExchange.com, Inc. (WEXCH.com), an Internet
based business-to-business marketplace for energy commodities,
products and services, announced today that it was expanding
its information and commerce offerings to include a more
powerful Request for Bid (RFB) engine and a wider selection
of energy industry information. These additional features
will increase WEXCH.com's value to energy consumers by allowing
them to more efficiently procure energy commodities, compare
service offerings, and improve their company's bottom line
by decreasing total energy costs.
WEXCH.com's new Request for Bid Engine allows commercial
and industrial energy consumers to quickly fill out a short
form describing their energy usage and then automatically
request bids from multiple suppliers. The solution solves
inefficiencies in the newly deregulated energy market by
eliminating the time consuming process of separately sending
non-standardized requests for bids by fax or mail to multiple
suppliers and then waiting for responses that are often
difficult or impossible to compare. The WEXCH.com procurement
process allows energy consumers to control the bidding process
and leverages the power of the competitive market to produce
savings.
Based in Worcester, MA, WorldEnergyExchange.com, Inc. has
combined its experience in the deregulating energy industry
with the power of the Internet to create the most efficient
and user-friendly way to purchase energy and related products
and services in the deregulated marketplace.
The Company operates in the deregulated energy marketplace
helping commercial/industrial energy consumers decrease
their energy costs through lower commodity costs, lower
procurement costs, and through innovative auditing, and
energy management solutions. Whether a company is simply
looking for the most competitively priced electricity contract,
or wants an enterprise wide energy management solution,
WorldEnergyExchange.com is the place to start.
For more information, please visit http:www.wexch.com,
email info@wexch.com or call 508-752-2925.
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